IF YOU HAVE OR HAD A CHECKING ACCOUNT WITH MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION (“DEFENDANT”) AND YOU WERE CHARGED AN OVERDRAFT OR NON‑SUFFICIENT FUNDS FEE BETWEEN JUNE 6, 2013 AND DECEMBER 11, 2019, THEN YOU MAY BE ENTITLED TO A PAYMENT FROM A CLASS ACTION SETTLEMENT.

The District Court for the Eastern District of Michigan has authorized this Website; it is not a solicitation from a lawyer.


Summary of Your Options and the Legal Effect of Each Option
Make a Claim by June 13, 2020

If you received a postal mailing containing a version of this Notice along with a Claim Form, you may have made a claim for up to 25 overdraft fees which were paid by you on a debit card or ATM transaction between June 6, 2013 and June 5, 2019, if there was no refund of the overdraft fee, regardless of the funds in your account. The number of such overdraft fees you may have incurred were shown on any Claim Form you may have received.

If you did not receive a Claim Form, then you have no eligible ATM or debit card fees of this type and therefore needed not make a claim. As stated in the box below, you may still be entitled to a payment for other Overdraft Fees that do not require a claim to be made. If you were eligible to make a claim for ATM and debit card fees, then you should have filed a claim prior to the claim filing deadline of June 13, 2020.
Do Nothing Even if you do not make a claim, if you have incurred an Overdraft Fee on a debit card or ATM transaction between June 6, 2019 and December 11, 2019; or, on any debit card, ATM, check, ACH or other payment transaction while your ledger balance was sufficient to pay for the transaction or, more than one NSF fee for the same item between June 6, 2013 and December 11, 2019, you will receive a payment from the Settlement Fund so long as you did not opt out of or exclude yourself from the settlement (described in the next box) prior to the Exclusion deadline of June 8, 2020.
Exclude Yourself from the Settlement by June 8, 2020; Receive No Payment but Release No Claims

The deadline to exclude yourself wasJune 8, 2020.
Object to the Settlement by June 26, 2020

The deadline to Object yourself was June 26, 2020.

These rights and options—and the deadlines to exercise them—along with the material terms of the settlement are explained in this Website.

Current Status

On July 29, 2020, the Court granted final approval to the settlement. As such, checks were mailed to former Members and credits have been issued to current Members on September 4, 2020. Any eligible Members who recently closed their account before receiving their account credits will be mailed an award check by early November.


Important Dates
  • June 6, 2013 to December 11, 2019
    Class Period
  • June 13, 2020
    Deadline to Make a Claim
  • June 8, 2020
    Deadline to Exclude yourself from the Settlement
  • June 26, 2020
    Deadline to Object to the Settlement
  • July 28, 2020
    Fairness Hearing
  • September 4 , 2020
    Settlement Awards Issued